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Category Archives: Earnings Report
Remy Cointreau 1Q Sales 36.5% Above Pre-Covid Level
“Excellent momentum in the U.S. and Mainland Chine enabled Remy Cointreau to generate sales of $347.37 million, a 105% increase organically in the first quarter, the company said. On a constant currency basis, sales were up 36.5%compared with the pre-pandemic … Continue reading
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Brown-Forman Profit Surges 9% in Year as Net Sales Grew 3%
Brown-Forman Corp. reports net profit of $903 million, or $1.89 a share, up 9% on net sales of $3.5 billion, which grew 3% (+6% on an underlying basis) compared to fiscal 2020. Reported operating income increased 7% to $1.2 billion … Continue reading
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Willamette Vineyards Sales Fall 11.6%, Net Plunges 84.4%
Willamette Valley Vineyards, Inc. reports revenue for the three months ended March 31, 2021, totalled $5,765,338, 11.6%, below the like year-earlier period. This decrease was caused by a decrease in shipments to distributors of $1,110,429 being partially offset by an … Continue reading
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Eastside Distilling Sales Up 4%, Year-Earlier Loss Reversed
Eastside Distilling Inc., Portland, Ore., reports consolidated sales grew 4% in the first quarter to $3.2 million, and net income was $3.7 million, or 33 cents a share, compared to a year-earlier loss of $3.5 million. The higher sales number … Continue reading
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ABI Sales Surge 17.2% as Volume Rises 13.3%, But Net Climbs Just 8.4%
Anheuser-Busch InBev reports total revenue rose 17.2% to $12.3 billion as volume advanced 13.3% to $135.56 billion. But the company’s underlying net profit advanced just 8.4% to $1.1 billion. Vo,lume growth in North America was the mot anemic in all … Continue reading
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Marie Brizard Claims Turnaround in Earnings
And there was — if you use EBITDA. Marie Brizard Wine & Spirits reports EBITDA of $12.85 millionfor fiscal 2020, reversing the 2019 EBITDA loss of $4.24 million. But when you apply conventional accounting rules, the French producer significantly narrowed … Continue reading
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